Space Industry and Business News
DISASTER MANAGEMENT
Global turbulence the 'new normal': EU's von der Leyen
Global turbulence the 'new normal': EU's von der Leyen
by AFP Staff Writers
Berlin (AFP) Jan 26, 2024

European Commission president Ursula von der Leyen warned on Friday that global disruptions and volatility are the "new normal", with more geo-economic tensions on the horizon.

"2024 will be a decisive year, with more geo-economic tensions expected -- from the Red Sea to the Taiwan Strait -- which also means more frequent disruptions to supply chains and greater volatility on the energy markets," she told a climate conference in Hamburg.

"International competition is becoming harder. That is the new normal that we have to deal with."

More frequent extreme weather events added to the mix means Europe needs to pull together "as never before" to face the challenges.

The 27-nation bloc, she assessed, had reacted quickly to curb its dependence on Russian gas after Moscow's fully-fledged invasion of Ukraine in February 2022.

The emergency meant that the EU was likely to be generating more energy from wind and solar than from gas this year.

But von der Leyen said energy prices needed to come down further, and she urged the "right investment decisions" to make that happen.

Industries in Europe have been severely hit by Russia's war on Ukraine, which has disrupted supply chains and driven up energy prices, sparking sustained inflation.

The difficulties faced by businesses have been compounded by attacks on international shipping in the Red Sea by Iran-backed Huthi rebels in Yemen.

In response, Britain and the United States have struck Huthi targets.

The election in Taiwan of a new president from the Democratic Progressive Party, which rejects China's claim to the island, has also sparked fears of fresh turbulence in East Asia.

Related Links
Bringing Order To A World Of Disasters
A world of storm and tempest
When the Earth Quakes

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
DISASTER MANAGEMENT
Libya needs $1.8 bn to rebuild flood-devastated areas: report
Tripoli (AFP) Jan 25, 2024
The flood that devastated Libya's eastern port city of Derna last year has impacted up to 1.5 million people and will require $1.8 billion for reconstruction, according to a new report. On September 10, Storm Daniel hit the east coast of Libya, causing floods that collapsed two dams in Derna and released a deluge of water that razed entire neighbourhoods. "The disaster impacted approximately 1.5 million people - 22 per cent of Libya's population - living in the coastal and inland cities that ... read more

DISASTER MANAGEMENT
ESA's Innovative Metal 3D Printer Arrives at ISS

SmallCAT Laser Terminal Demonstrates Effective Space-Earth Communication in LEO

Netherlands Leads in Laser Satellite Communication with TNO's Latest Compact Terminal Achievement

Rice study shows coal-based product could replace sand in concrete

DISASTER MANAGEMENT
L3Harris Technologies showcases Waveform X capabilities in live flight demonstration

Lockheed Martin secures $890M SDA contract for advanced missile tracking satellites

Rocket Lab secures $515M contract with Space Development Agency for Tranche 2 constellation

Viasat Secures Major U.S. Air Force Contract for Advanced Tech Integration

DISASTER MANAGEMENT
DISASTER MANAGEMENT
Study reveals non-isotropic nature of tropospheric delays in GNSS

Viasat Leads Historic UK SBAS Flight Trial, Showcasing Advanced GPS Capabilities

GMV reinforces satellite expertise with new Galileo Operations Center in Madrid

Airbus presents first flight model structure for Galileo Second Generation

DISASTER MANAGEMENT
Revolutionizing military aircraft maintenance: Northrop Grumman's new digital solution

NASA Releases STEM Toolkit for Advanced Air Mobility

Italy returns Ethiopia's 'first plane' after nine decades

Greek PM hails US approval of F-35 fighter jet sale

DISASTER MANAGEMENT
Redwire targets global semiconductor market with in-space manufacturing initiative

Teledyne e2v HiRel Launches Advanced Low Noise Amplifier for Space Applications

Sivers Semiconductors Expands Into High-Frequency SATCOM with ESA-Funded Project

ASML profits soar, 'positive' signs for chips despite trade spats

DISASTER MANAGEMENT
Weather forecasting, from space to your smartphone

NOAA's GOES-U satellite set for April launch

Earth Blox prepares for growth in response to booming demand for nature and climate analytics

CNSA launches Gaofen 5-01A satellite for advanced earth observation

DISASTER MANAGEMENT
New Zealand to ban 'forever chemicals' in make-up

Sahara dust shrouds Senegal capital prompting air quality warning

More than 80% of English rivers polluted with phosphates: study

In Antarctica, scientists study extent of microplastics

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.